Little Rock (Ark.) Water Reclamation Authority is searching for an investment consultant for its $19 million 401(a) plan and $4 million 457 plan.
The authority is seeking proposals from firms that can provide consulting services, including the ongoing review and selection of plan investment options, according to an RFP posted on the authority's procurement website.
The RFP does not disclose the name of the current consultant or whether the firm is eligible to rebid.
The current record keeper is MissionSquare Retirement, and the plans will transition to Milliman as the record keeper by the end of the first quarter, according to the RFP.
The RFP is available on the water authority's procurement website. Registration is required. Proposals are due by 2:30 p.m. CST on Feb. 1. A timeline for a selection was not provided.
Kelley Kelley, the authority's procurement coordinator, could not be immediately reached for further information.
